Leerink initiated coverage of Ardelyx with an Outperform rating and $14 price target. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing stocks on TipRanks >> Read More on ARDX: Ardelyx, Inc. Reports Employment Inducement Grants Ardelyx call volume above normal and directionally bullish Ardelyx appoints Mike Kelliher as EVP, corporate development, strategy Ardelyx put volume heavy and directionally bearish Jefferies sees 10%-15% upside for Ardelyx if HR-5074 bill passes